In 2017, inflation rate for China was 1.6 %. Though China inflation rate fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 1.6 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.